Nemith Nissan
962 New Loudon Road Latham, NY 12110Sales: 877-252-8323
About Nemith Nissan 962 new loudon rd route 9 latham ny 12110 518-867-3400
Nemith Nissan
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At Nemith Nissan we are good people but cut throat when it comes our competition. Nemith will beat any competitors legitimate local price on any in stock new Nissan. Please just tell us what we have to do.
"In my 30 years of selling cars there have been many ups and downs in the economy and the automotive industry. During these uncertain times I want to assure you that Nemith Nissan will give you the best value for your money. We will work our hardest to give you the best customer service, both during and after the sale. Nemith Motors is local family owned and operated and has been since 1938. We will be here for many years to come knowing that you (our past, current
and future customers) are the most important aspect to our success and longevity. Should you need help or have questions that need a straight answer, please contact me. I will do my very best to earn you as a Nemith customer.
Thank you."
Mike Orcutt
General Manager
518-867-3400 ext.226
NY loves hybrids; Capital Region drivers love them twice as much
The Business Review (Albany) - by Pam Allen
New York's gas prices rank among the country's highest, and so does its growing affinity for hybrids.
In 2007, sales of alternative vehicles across the state increased 50 percent over 2006, ranking it third-highest in overall hybrid sales behind California and Florida.
The eco-friendly cars fared even better in the Capital Region, where the number of registrations in 2007 doubled compared with the previous year.
And as fuel prices continue to rise, the inclination toward smaller, more eco-friendly cars hasn't slowed. In the last three months, 50 of the 300 Altimas sold at Nemith Nissan in Latham were hybrid versions of the popular automobile.
"Around here, it's really a combination of gas mileage and ecology," said Mike Orcutt, Nemith Nissan's general manager.
State Department of Motor Vehicles registrations for hybrids in Albany, Rensselaer, Saratoga and Schenectady counties reached 2,756 in 2007, twice the 1,356 hybrids registered in 2006, DMV spokesman Nick Cantiello said.
A driving force behind the alternative vehicles is sticker shock at the pumps, experts say.
"The push is economy-related. It's fueled by gas prices," said Tom Libby, senior automotive analyst at Power Information Network, a unit of J.D. Power & Associates Inc. in Troy, Mich.
Nationwide, Toyota Prius captured 51 percent of last year's hybrid market, up from 43 percent the previous year, according to the survey released by R.L. Polk & Co., an automotive research company based in Southfield, Mich.
Hybrids cost more than their standard predecessors, but the tax credits add incentives, Orcutt said.
A standard Altima costs $22,000, while the hybrid runs $25,000. The $2,200 tax credit on the hybrid version can sweeten the deal, Orcutt said.
Price really comes into play with the luxury vehicles. For example, a traditional Lexus runs about $60,000, compared with $110,000 for the hybrid model.
In spite of their higher initial investments, hybrids are faring well in the larger auto market, which declined by 7 percent last year, Libby said.
Hybrids made up 2.9 percent of the country's new car sales in 2007, up slightly from 2006's 2.5 percent. U.S. registrations for new hybrids rose 38 percent last year to 350,289 vehicles. The percentage is higher in New York, where the 17,385 new hybrids represent a 50 percent increase over the 11,634 in 2006.
Statewide, hybrid sales represented 5 percent of the state's combined new car sales, the study by R.L. Polk also reported.
"When something that's good for the environment meets up with $4 a gallon, the environment becomes very ripe," said Deborah Dorman, president of the Eastern New York Coalition of Automobile Retailers Inc., a 94-member trade group of new car dealers.
Manufacturers lose money on hybrid production, which is the reason consumers pay so much for the vehicles, said Libby of Power Information Network. The automotive industry is bracing itself for new federal regulations that require each of their fleets to average 35 miles per gallon by 2020.
Demand for hybrids will remain limited until prices come down, Libby said, and prices likely won't come down until the industry develops cheaper technologies
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Nemith Nissan
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IRS sales tax on car deduction
April 20, 2009 - TT-2009-3
Seven Facts about the New Sales Tax Deduction for Vehicle PurchasesTaxpayers who buy a new car or several other types of motor vehicles this year may be entitled to a special tax deduction when they file their 2009 federal tax returns next year. The tax break is part of the American Recovery and Reinvestment Act of 2009.
Here are seven things you should know about this new deduction:
State and local sales taxes paid on up to $49,500 of the purchase price of qualifying vehicles are deductible.
Qualified motor vehicles generally include new (not used) cars, light trucks, motor homes and motorcycles.
Purchases must occur after Feb. 16, 2009, and before Jan. 1, 2010.
This deduction can be taken regardless of whether or not you itemize other deductions on your tax return.
Taxpayers will claim this deduction when filing their 2009 federal income tax return next year.
The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.
The deduction may not be taken on 2008 tax returns.
Consumers who are considering buying a new car may find that this tax incentive means there may have never been a better time to buy.
For more information about the sales and excise tax deduction for motor vehicle purchases visit the official IRS web site at IRS.gov
April 20, 2009 - TT-2009-3
Seven Facts about the New Sales Tax Deduction for Vehicle PurchasesTaxpayers who buy a new car or several other types of motor vehicles this year may be entitled to a special tax deduction when they file their 2009 federal tax returns next year. The tax break is part of the American Recovery and Reinvestment Act of 2009.
Here are seven things you should know about this new deduction:
State and local sales taxes paid on up to $49,500 of the purchase price of qualifying vehicles are deductible.
Qualified motor vehicles generally include new (not used) cars, light trucks, motor homes and motorcycles.
Purchases must occur after Feb. 16, 2009, and before Jan. 1, 2010.
This deduction can be taken regardless of whether or not you itemize other deductions on your tax return.
Taxpayers will claim this deduction when filing their 2009 federal income tax return next year.
The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.
The deduction may not be taken on 2008 tax returns.
Consumers who are considering buying a new car may find that this tax incentive means there may have never been a better time to buy.
For more information about the sales and excise tax deduction for motor vehicle purchases visit the official IRS web site at IRS.gov